Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting - Management Changes
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
Not Specified
Management Appointments and Changes:
1. Appointment of Executive Director - Vertical 2:
- Shri Gopalan S. Raghavan (DIN: 01307378) appointed as Executive Director for Vertical 2
- Role: Executive Director – Regulatory, Compliance, Risk Management and Investor Grievance (Vertical-2)
- Effective date: June 18, 2026
- Term: Until attaining age of 65 years (May 18, 2030)
- Subject to ratification by shareholders
- Not related to any Director of the Company
- Not debarred from holding director office pursuant to any SEBI order
2. Resignation and Redesignation of Chief Regulatory Officer:
- Ms. Kamala Kantharaj resigned from position of Chief Regulatory Officer (Compliance Officer under SECC Regulations)
- Resignation submitted via email dated May 29, 2026
- Resignation accepted in accordance with applicable SEBI Circular and Nomination and Remuneration Policy
- Redesignated as Chief - Special Duty (Key Management Personnel and Senior Management)
- Effective redesignation date: June 5, 2026
- Last working day: August 26, 2026
- Will continue to report to Managing Director & CEO until last working day
3. Appointment of New Chief Regulatory Officer:
- Ms. Geetha Gangadharan appointed as Chief Regulatory Officer (Compliance Officer under SECC Regulations)
- Designated as Key Management Personnel and Senior Management
- Effective date: June 5, 2026
- Term: Until attaining age of 60 years (March 27, 2030)
4. Executive Director for Vertical 3:
- Names shortlisted for post of Executive Director for Vertical 3
- Being recommended to Securities and Exchange Board of India for approval
- In accordance with Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
Other Significant Information:
Professional Backgrounds:
Shri Gopalan S. Raghavan:
- Accomplished senior finance and capital market leader with over 30 years experience
- Experience in Market Infrastructure Institutions across securities depositories, stock exchanges, clearing corporations, investment banking, institutional broking, mutual funds, and capital-market regulatory bodies
- Fellow Member of Institute of Chartered Accountants of India (ICAI)
- Associate Member of Institute of Company Secretaries of India (ICSI)
- Bachelor's degree in Corporate Secretaryship from University of Madras
- Previously served as Executive Director (and Interim Managing Director) at National Securities Depository Limited
- Held leadership roles at CLSA India, RCML, Credit Market Services Limited, and OTC Exchange of India
- Part of founding team at Securities and Exchange Board of India (SEBI)
- Served on Boards and Committees of Multi Commodity Exchange of India Limited, BSE Limited, and National e-Repository Limited
Ms. Geetha Gangadharan:
- Legal professional with over 30 years experience
- Experience in regulatory enforcement, policy advocacy & implementation, and litigation management across securities markets, banking, and financial sector regulations
- LL.M. and LL.B. degrees from University of Calicut
- Completed international regulatory programs at Harvard Law School, Indian Law Institute, and International Law Institute
- Previously served as Chief General Manager and Head of Enforcement Department at Securities and Exchange Board of India
- Worked with Reserve Bank of India
- Served as Head of Enforcement at Central Bank of the UAE, Abu Dhabi